India, Sept. 14 -- Technically Jeera market is under fresh buying as market has witnessed gain in open interest by 0. 29% to settled at 2097 while prices up 40 rupees.
Now NCDEX Jeera is getting support at 13900 and below same could see a test of 13870 levels and resistance is now likely to be seen at 13970 a move above could see prices testing 14010.
Jeera yesterday settled up by 0.29% at 13935 on some lower level buying and revival in export buying in the global markets However upside seen limited on update production of jeera may rise 29% to 535500 tn in the 2019-20.
Jeera exports are likely to have slumped over 59% on year to 20000 tn in Jan-Mar as the coronavirus pandemic hit demand in key markets such as China. India was at an adva...